Tag: NEPCO

Jordan has signed multimillion dollar funding deals for a wide array of new infrastructure projects. But not everyone is happy about who gets to build them. Jordan has inked more than $600 million worth of funding agreements in recent months,…

Jordan’s solar and wind projects won’t live up to their full potential if they can’t find a way to store the energy they produce. The AES Corporation’s country manager says his company has a pioneering battery-based solution. By Laith Abou-Ragheb…

Following the severe disruption of energy supplies in the wake of the Arab Spring, plans are underway for Jordan to reach energy independence with the help of cutting-edge renewable power projects. By Elisa Oddone A heavy reliance on imported energy…

A new Identity Center report has questioned the effectiveness of the National Electric Power Company’s (NEPCO) cost recovery strategy, after it found a recent round of electricity tariff hikes failed to drag the publicly-owned company out of debt, but led…

As Jordan’s $2 billion dollar stand-by arrangement with the world’s lender of last resort comes to an end, the International Monetary Fund’s mission chief for Jordan Kristina Kostial said the Kingdom has by and large stuck to its promise of…

They’ve been painful, but there are signs subsidy cuts may have started to bear fruit. The Jordanian government’s decision in 2012 to begin a phased withdrawal of electricity subsidies was undoubtedly a good one from the point of view of…

Jordan’s struggling electricity companies should be more concerned with upgrading their grids than dishing out juicy dividends. By Jawad J. Abbassi Jordan’s electricity grid losses problem continued to mount in 2014. In the grids of Jordan Electricity Company and Irbid…

The government’s plan to increase electricity rates across the board will damage both its credibility and the economy. By Jawad J. Abbassi The rapid drop in oil prices, by over 60 percent since the summer, is a game changer for…

What are they? Leviathan and Tamar are two vast Israeli offshore gas fields. The former, discovered in 2010 off Israel’s Mediterranean coast, is the world’s biggest offshore gas find of the past decade. Why should we care? Though any agreements…

France’s ambassador to Jordan says King Abdullah’s recent visit to Paris, which included a fruitful meeting with a group of high-profile business figures, proves that despite some challenges, economic ties between the two nations are stronger than ever. By Dina…